Coronavirus

CRANE AEROSPACE & ELECTRONICS earned $100.7m on $651m sales in 2020 vs $189.4m on $799m in 2019.

ROLLS-ROYCE says its 2020 free cash outflow was in line with guidance and it ended year with £9b in liquidity; it is forecasting 2021 free cash

AEROFLOT GROUP carried 30.2m pax in 2020, down 50.3% vs 2019; it ended year with 364 aircraft in fleet.

S7 TECHNICS completed 413 A-Checks/84 C-Checks in 2020, up 2.5% from 2019; total man-hours dropped 5.5% to 2.04m.

IDEAWORKSCOMPANY estimates airline ancillary revenues at $58.2b in 2020 vs $109.5b in 2019 and $22.6b in 2010.

UNITED invested $2m in 4Q20 in recovery preparation, primarily for engine and airframe maintenance to prepare for efficient operations ramp up. It

AIRBUS HELICOPTERS booked 289 orders and delivered 300 rotorcraft in 2020 vs 369 orders and 332 deliveries in 2019.

COLLINS AEROSPACE earned $11m on $4.4b sales in 4Q20 vs $1b on $6.4b in 4Q19, and $1.5b on $19.3b sales in 2020 vs $4.5b on $26b in 2019.

For Europe’s airlines, optimism that began in late 2020 over vaccines has not translated into a surge in bookings as hoped.

PRATT & WHITNEY earned $33m on $4.5b sales in 4Q20 vs $354m on $5.6b in 4Q19; and $564m loss on $17b sales in 2020 vs $1.8b profit on $21b in 2019. It

GE AVIATION earned $564m on $6.3b revenues in 4Q20 vs $2.1b on $10.7b in 4Q19, and $1.2b on $21.6b revenues in 2020 vs $6.8b on $36.7b in 2019. It

ALASKA AIR GROUP had net losses of $430m in 4Q20 (vs $181m profit in 4Q19) on 64% lower revenues, and $1.3b in 2020 (vs $769m profit in 2019) on 59%

Aircraft carrying critical COVID-19 vaccines across Europe and over the Atlantic are to be given special priority using a new flight plan code, under a partnership announced by Eurocontrol.

South Korea’s latest LCC Aero K has put the brakes on its planned international expansion because of travel restrictions.

Canada’s latest testing requirements could further stymie the recovery for the country’s airlines.

There is consensus that the widebody segment will take many years to return to where it was.

U.S. President Joseph Biden on Jan. 25 signed an executive order reversing former president Donald Trump’s relaxation of entry requirements for international arrivals, in a bid to contain the spread of several new strains of novel coronavirus that were recently discovered abroad.

EASTERN AIRWAYS plans in late April to begin Southamption-Rennes Bretagne/-Nantes Atlantique (ATR 72).

United Airlines has launched “Travel-Ready Center,” a digital platform that enables customers to review COVID-19 entry requirements, find local testing options, and upload any required testing and vaccination records for domestic and international travel

Dr. Henry Ting to Chief Health Officer of Delta Air Lines (effective February 15).

CATHAY PACIFIC carried 4.6m pax in 2020, down 86.9% vs 2019, and expects new quarantine measure by HK Govt. could reduce pax capacity by 60% (cargo by

Delta Air Lines has appointed Henry Ting, currently the Mayo Clinic’s chief value officer, as the carrier’s first chief health officer.

ASSET INSIGHT reports year-over-year increase of 25% in pre-owned business aircraft transactions in 4Q20.

MOSCOW SHEREMETYEVO handled 19.8m pax in 2020, down 60% from 49.9% in 2019, and says it was fifth busiest pax airport in Europe in 2020.

VISTA GLOBAL reports 29% increase in new VistaJet program subscriptions in 2020; on-demand bookings rose >15%.